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Search resuls for: "hirings"


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☆ CRISPR pioneer Feng Zhang's secretive gene-editing startup has hired ex-Alnylam leaders as CEO and chair
  + stars: | 2023-02-07 | by ( Andrew Dunn | ) www.businessinsider.com   time to read: +4 min
The gene-editing startup Aera has hired biotech vets Akin Akinc as CEO and John Maraganore as chairman. CRISPR pioneer Feng Zhang's newest gene-editing venture has attracted two longtime leaders of the biotech giant Alnylam Pharmaceuticals, Insider has learned. Former Alnylam CEO John Maraganore is chairman of Aera. The SEND technology could allow gene-editing technology to treat more diseases. Based on Zhang's SEND research, Aera hopes to deliver gene-editing tools to more organs, ultimately expanding the number of diseases CRISPR can impact.
☆ Exclusive: Grab to implement cost cuts, cites uncertain macroeconomic situation- CEO in memo
  + stars: | 2022-12-15 | by ( Anshuman Daga | ) www.reuters.com   time to read: +3 min
SINGAPORE, Dec 15 (Reuters) - Grab Holdings Ltd (GRAB.O), Southeast Asia's biggest ride-hailing and food delivery firm, is rolling out cost-cutting measures to cope with an uncertain macroeconomic situation, the Singapore-based company's chief executive told staff in a memo. Tan said in the memo that Southeast Asia has not, and will not, be spared from rising prices and interest rates, and the consequent effects on growth. Grab, which operates in 480 cities in eight countries, had about 8,800 staff at the end of 2021. The memo circulated on Wednesday said Grab would "freeze the majority of current open job requisitions which are not in offer stage". These measures, Tan said, had helped Grab get closer to its profitability goals.
☆ A 31-year-old mortgage broker who's been laid off twice decided to open a bakery and she's never been happier: 'I don't have the stress of wondering if I'm going to be laid off tomorrow'
  + stars: | 2022-11-30 | by ( Jordan Pandy | ) www.businessinsider.com   time to read: +4 min
Taylor Audet was in mortgage lending for eight years and was laid off twice. Mortgage lending's turbulent job marketThe mortgage business has had a choppy two years in relation to staffing. "I'm in a small town, a small community, so you get to help people with their financial needs and that's pretty special." Taylor AudetWhile away from lending, Audet tapped into a hobby of hers that she always enjoyed: baking. "I don't have the stress of wondering if I'm going to be laid off tomorrow," she said.
☆ What Cramer is watching Friday — Starbucks soars on China hope, jobs growth still strong
  + stars: | 2022-11-04 | by ( Jim Cramer | ) www.cnbc.com   time to read: +5 min
Club holding Coterra Energy (CTRA): In Q3, nearly 500% year-on-year revenue growth to $2.52 billion. Cowen downgrades, sees acute pressure from worsening macro; management pulled 30% growth target. Warner Bros Discovery (WBD): $2.5 billion in cash, $50 billion in gross debt. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
☆ Elon Musk denied reports that he's speeding up Twitter layoffs to avoid paying out hefty stock grants to workers
  + stars: | 2022-10-31 | by ( Grace Dean | ) www.businessinsider.com   time to read: +3 min
Elon Musk said reports he's speeding up layoffs to avoid paying out stock grants are false. Musk is set to lay off workers before Tuesday, when they're scheduled to receive stock grants, per the NYT. Media reports suggest that Musk may also avoid giving fired execs their expected multi-million-dollar payouts. The Times reported that Musk could therefore avoid paying the grants. The Information reported that the "for cause" terminations were an attempt to avoid paying out severance pay and unvested stock awards.
☆ Netflix is doubling down on gaming, with dozens of new hires and a dedicated studio, as it chases younger audiences and battles to turn back subscriber losses
  + stars: | 2022-10-17 | by ( Lucia Moses | ) www.businessinsider.com   time to read: +3 min
Netflix is making dozens of hires and opening a studio in Finland to bolster its mobile games push. Netflix is hirings dozens of experts to bolster its year-old push into gaming. A recent Forrester survey of Netflix subscribers, reviewed exclusively by Insider, showed only 5% had played one of Netflix's mobile games in the previous month, while 4% said its mobile games keep them subscribing, and 54% said "I could care less" about games on Netflix. However, the streamer in September announced it was opening a games studio in Helsinki, Finland. But there's a lot of competition in mobile gaming and for consumers' attention, Proulx added, and it's an open question "how hard they should press with their strategy."
☆ Asian and Native American female lawyers get the least amount of big law business, study finds
  + stars: | 2022-10-07 | by ( Sakshi Venkatraman | Sakshi Venkatraman Is A Reporter For Nbc Asian America. | ) www.nbcnews.com   time to read: +3 min
“Native American women and Asian American women are the poorest in terms of this.”Nearly 72% of corporations surveyed said they give less than 10% of their business to Asian American lawyers, the study found. Less than a quarter said they gave no business at all to Asian American lawyers. Native American lawyers see a similar lack of representation. “[Asian] men are doing a little bit better than [Asian] women. But the difference between what Asian American women or Native American women are getting was so striking because they’re getting so little.”And though many corporations collect their diversity data, few actually put it to use, the study found.
☆ Netflix is hiring a slew of engineers and developers to bolster its gaming push as subscriptions fall off
  + stars: | 2022-09-27 | by ( Lucia Moses | ) www.businessinsider.com   time to read: +3 min
Netflix is making a slew of hires and opening a studio in Finland to bolster its mobile games push. Netflix is hirings dozens of experts to bolster its year-old push into gaming. However, on Monday, the streamer announced it was opening a games studio in Helsinki, Finland. Another listing, for a senior games engineer, shares that "Netflix is building a new internal game studio to incubate and build a new class of hilarious, social party video games." But there's a lot of competition in mobile gaming and for consumers' attention, Proulx added, and it's an open question "how hard they should press with their strategy."
☆ How Josh Harris, the owner of the 76ers and Devils, upset Apollo insiders with the time he spent on personal investments
  + stars: | 2022-09-20 | by ( Casey Sullivan | Hayley Cuccinello | ) www.businessinsider.com   time to read: +16 min
One former Apollo executive couldn't wrap his mind around how the firm got investors onboard with Harris' personal activities. One advisor to Harris' family office said there would be an internal conversation every year to ensure the proper expense allocations. Several former Apollo employees, however, said other Apollo executives were concerned about Harris' use of firm resources. Few if any sources Insider spoke with expected much to change in how private-equity executives managed their personal investments. The lawyer said that the documents often state that a firm's executives will dedicate "as much time as reasonably necessary" to managing their investments.
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